2010

I caught this post by Greg Sargent at the Washington Post, "The Plum Line - Obama: GOP successfully outplayed us on health reform", which shows Obama realizing he screwed up last year by bending over backwards during the…

Rumours are that a hike is coming tomorrow already. Fan Cheuk Wan, who is head of research at Credit Suisse Private Bank's Asia/Pacific region, says she wouldn't be surprised to see as much as 100 basis points in the near-term. But she…

Highlights The US dollar is broadly lower in anticipation of a joint EU-IMF rescue for Ireland, reigniting risk appetite and demand for higher yielding currencies, along with commodities.  The euro continued to gain on the dollar,…

A first look at why Ireland has gone to the heights and crashed spectacularly, and what options it has that other nations in crisis have used successfully.

Fed Governor Elizabeth Duke predicts at least two more years of foreclosures at current rates and gives specific details about exposures of the current crisis.

Ever since Fred Sheehan published his post on the bifurcated view on "The 'Flations", I have been using this as a baseline way of talking about prices. Easy monetary policy is geared to raising prices. However, if the secular…

by Jeff Clark, BIG GOLD After sporting a testosterone-like surge in price since late July, both gold and silver are taking an ebb from their flow. You may think me mad or even throw a four-letter word my way if you're new, but I'm excited.…

I think this trio of videos from Latvia really puts the whole Irish crisis in perspective. After a spectacular property bubble, Latvia imploded in 2008. I was calling the Baltics the next Argentina. Indeed, by early 2009 we eventually saw…

The guys at the Wall Street Journal figure this is a win-win for Apple because it is a great marketing tool just in time for Christmas, irrespective of whether one buys Beatles music. (video clip below) For the Citigroup-owned EMI, it…

While Ireland, Greece, and Portugal do not have to sell any more bonds this year, Spain, on the other hand, has more three more bond auctions this year and three more bill auctions. Spain seeks to sell up to 4 bln euros of bonds…